The paper presents the impact of the digital transformation on organizations. It outlines the specific details of management functions and protective actions with particular emphasis on information security. The management function is analyzed thought digital transformation pillars and the primary activities that managers perform in order to achieve organizational goals. The key management functions (foresight, planning, organizing, leading, and controlling) are interrelated and interdependent, and effective management requires a balanced approach to all including management of cybersecurity procedures. The paper underlines the main function of cybersecurity management in connection with fundamental management function. The paper also briefly describes the main cybersecurity procedures.